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Positive Finance - A Toolkit for Responsible Transformation (Paperback)
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Positive Finance - A Toolkit for Responsible Transformation (Paperback)
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For some, finance is the enemy: solely responsible for the global
financial crisis and symbolic of an outdated model that is
catapulting us toward social and ecological ruin. Such a view can
seem tempting. The 2007-2008 meltdown of the financial system was
intimately bound to the financialization of the economy and its
consequences. However, in reality the crisis in finance is an
indicator that our economic model is obsolete. It is possible to
imagine another way, which would consist of seeing finance as a
"toolkit" for building a solution to the crisis.Positive Finance
presents a way to transform the economic model and reduce the
ever-widening gulf of inequality, while taking into account
environmental constraints. In order to achieve this, the authors
argue that we must re-envision the allocation of capital in order
to support social and technological innovations, to design and
build sustainable infrastructure, and to finance the energy
transition. Reinvented, finance could become a powerful lever for
setting these transformations in motion. This book is dedicated to
proving that such leverage is within reach: here, the authors
present a toolkit for putting money to work in the general
interest.
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